mBank is the sixth bank on the Polish market to introduce services in the field of open banking. From now on, customers who have their main account in another institution can apply for a loan at mBank on simplified terms. They can confirm their creditworthiness using the transaction history on an account at another bank. The new service is available to clients: Alior, Bank Ochrony Środowiska, BNP Paribas, Getin, ING, Millennium, Pekao, PKO BP and Santander.

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mBank states that using the new procedure, a loan application can be submitted by yourself after logging in to the transaction website or mobile application, during a conversation with a consultant at a call center and at branches - then the application is completed by the advisor, and then the customer confirms the income in the transaction service or application mobile. With the customer's consent, mBank will download the necessary data to issue a credit decision. The service was implemented in cooperation with the mElements company. mBank is integrated with other banks thanks to the API interface.

The service, implemented by mBank, is an element of the so-called open banking introduced in accordance with the rules contained in the PSD II Directive. Thanks to it, the so-called third parties, i.e. fintechs, but also the banks themselves, can gain access to data collected on personal accounts (e.g. transaction history).

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Banks are currently the leader in implementing open banking services. Among them are Alior, BNP Paribas, ING, Millennium, Santander and now also mBank. The most popular open banking solution in Poland are account aggregators, i.e. the ability to view accounts from various institutions in one website. Banks also offer facilities in the credit process, i.e. a simplified procedure for confirming income, ordering transfers from an account in another bank using their website or confirming identity.